Crypto in crisis, DeFi doomerism

Crypto in crisis, DeFi doomerism

The post Crypto in crisis, DeFi doomerism appeared on BitcoinEthereumNews.com. 002 Welcome back to Inside DeFi It’s been an especially painful week for crypto markets and DeFi. So bad, in fact, that even the FT was reduced to posting wojaks with the rest of us. With bitcoin dipping below the previous cycle’s peak, and ether (ETH) sub-$2,000, it may feel like there’s not much further to fall. But remember, even when down 99%, there’s still anothe…

Inside DeFi 003: 🛸 InsideDeFi 003: Crypto in crisis, DeFi doomerism

002 Welcome back to Inside DeFi It’s been an especially painful week for crypto markets and DeFi. So bad, in fact, that even the FT was reduced to posting wojaks with the rest of us. With bitcoin dipping below the previous cycle’s peak, and ether (ETH) sub-$2,000, it may feel like there’s not much further to fall. But remember, even when down 99%, there’s still another 99% to go. The bloodbath has also seen DeFi’s TVL drop to under $100 billion …